News Flash
Baltic index edges up on panamax, supramax gains
Categories: News Flash
Date: Jul 12, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Smart container fleet to expand 6-fold over the next 5 years.
Categories: News Flash
Date: Jul 11, 2023
The global telematics-enabled container equipment fleet is forecast to grow 6-fold over the next 5 ...
What would net-zero shipping look like?
Categories: News Flash
Date: Jul 11, 2023
At a UN summit, countries have agreed to curb shipping emissions to net zero “by or around 2050...
The 2023 IMO GHG strategy sends an unequivocal signal to investors that ships being ordered today, and many already built, have to be capable of running on zero-emission fuels.
Categories: News Flash
Date: Jul 11, 2023
With a combination of further IMO action, national, regional and industry action, a 1.5-aligned GHG...
Belships and V. announce strategic partnership.
Categories: News Flash
Date: Jul 11, 2023
Belships ASA and V.Group are pleased to announce a strategic partnership related to Belships’ fle...
Why are Russian oil products still being sold in America?
Categories: News Flash
Date: Jul 11, 2023
The United States has done a great deal to help Ukraine fend off Russia’s full-scale invasion and...
Euro zone investor mood tumbles more than expected in July
Categories: News Flash
Date: Jul 11, 2023
Investor morale in the euro zone sank more than expected in July, hitting a low not seen since Euro...
China’s consumer-driven sectors are a ‘sweet spot’ and opportunity for investors, says KKR
Categories: News Flash
Date: Jul 11, 2023
From pet food to liquor and lighting fixtures, global investing firm KKR is putting its money behin...
Weeklong dock strike on Canada’s west coast is starting to pinch small businesses, experts say
Categories: News Flash
Date: Jul 11, 2023
Canadian consumers aren’t yet feeling the impact of the weekold port strike in British Columbia, ...
Asia Naphtha/Gasoline-Naphtha crack extends gains amid drop in Russian supplies
Categories: News Flash
Date: Jul 11, 2023
Asia’s naphtha refining profit extended gains on Monday amid a drop in supply from Russia in rece...
Baltic index gains on uptick in capesize, panamax rates
Categories: News Flash
Date: Jul 11, 2023
The Baltic Exchange’s main sea freight index rose on Monday, helped by rising rates for the large...
Ship queues mount as dockworker strike in Canada drags on.
Categories: News Flash
Date: Jul 10, 2023
Canada’s two largest Pacific ports — Vancouver and Prince Rupert — remained at a standstill F...
The Fourth Round of the Clean Maritime Demonstration Competition (CMDC4) was announced.
Categories: News Flash
Date: Jul 10, 2023
The UK government has today announced a substantial commitment of £34 million in funding to suppo...
Asia-US container rates tick lower; Canada port strike enters 7th day.
Categories: News Flash
Date: Jul 10, 2023
Rates for shipping containers from east Asia and China to the US continue to fall amid soft demand...
World Shipping Council: MEPC 80 climate targets must be followed by robust regulation.
Categories: News Flash
Date: Jul 10, 2023
At MEPC 80, IMO member nations met the shipping industry’s call for action on climate, setting a ...
Euroseas Ltd. Announces Delivery of M/V Terataki, an Eco 2,800 teu Feeder Containership Newbuilding, and Commencement of the Vessel’s Charter
Categories: News Flash
Date: Jul 10, 2023
Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation f...
China miners seek coal import curbs to ease a glut
Categories: News Flash
Date: Jul 10, 2023
China’s coal inventories are so bloated and coal prices so depressed that some of the country’s...
Canadian port strike talks resume, supported by federal mediators
Categories: News Flash
Date: Jul 10, 2023
Talks in Pacific Canada between striking dock workers and their employers have resumed after four d...
Panama Ship Registry becomes a member of the Qualship21 Program for the first time in 20 years.
Categories: News Flash
Date: Jul 10, 2023
The Panama Maritime Authority (AMP), the entity overseeing the Panama Ship Registry received a lett...
IMO agrees on net-zero goal, confirms GHG pricing and new fuel rules development
Categories: News Flash
Date: Jul 10, 2023
The International Maritime Organization announced on July 7 tightened decarbonization targets for s...
Maritime transport emissions: Commission welcomes new IMO climate ambition for 2030, 2040 and 2050 and calls to set transition in motion
Categories: News Flash
Date: Jul 10, 2023
The levels of ambition and indicative checkpoints take into account the lifecycle GHG emissions fro...
PSA becomes the new shareholder of Duisburg gateway terminal Gmbh
Categories: News Flash
Date: Jul 07, 2023
PSA International Pte Ltd (PSA), headquartered in Singapore, has signed agreements to acquire a 22 ...
Agreement for methanol main engine retrofit solutions signed
Categories: News Flash
Date: Jul 07, 2023
MAN Energy Solutions has signed a Conversion Commitment Agreement with Seaspan Corporation (Seaspan...
Suez Canal Announced Tariff Reduction for Chemical Tankers
Categories: News Flash
Date: Jul 07, 2023
For further enhancing the mutual benefits of both the Suez Canal Authority and its clients, as well...
Iron ore flat as China steel curb woes offset optimism around stimulus hopes.
Categories: News Flash
Date: Jul 07, 2023
Iron ore futures struggled for firm direction on Thursday, as worries about steel production curbs ...
OPEC upbeat over 2024 oil demand outlook despite the slowdown
Categories: News Flash
Date: Jul 07, 2023
OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its f...
Arab Maritime Petroleum Transport Company Partners with StormGeo for Enhanced Environmental Performance and Compliance
Categories: News Flash
Date: Jul 07, 2023
Arab Maritime Petroleum Transport Company (AMPTC) has implemented StormGeo’s cutting-edge environ...
Romanian port key for Ukraine grain faces overflow as Black Sea deal on edge
Categories: News Flash
Date: Jul 07, 2023
Ukraine’s on-off Black Sea grain deal has made the nearest port of Constanta in neighboring Roman...
Erma First Launches Flexcap for Improved CII And EEXI Performance
Categories: News Flash
Date: Jul 07, 2023
ERMA FIRST, a globally leading sustainable maritime solutions provider, has launched a new energy-s...
Baleària plans to stop emitting almost 80,000 tonnes of CO2 by the end of the year thanks to the use of natural gas
Categories: News Flash
Date: Jul 07, 2023
In recent weeks, Baleària has increased the consumption of natural gas on its ten dual-engined shi...
Baltic index steady as larger vessels snap losing streak
Categories: News Flash
Date: Jul 07, 2023
The Baltic Exchange’s main sea freight index was little changed on Thursday as the capesize and P...
Global liquefied natural gas trade volumes set a new record in 2022
Categories: News Flash
Date: Jul 06, 2023
In 2022, global trade in liquefied natural gas (LNG) set a record high, averaging 51.7 billion cubi...